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And 97% who do MLM Fail to make any money at all!
6/4/2008 1:02:36 PM

If 10% of Millionaires do MLM then it is a very poor way for most people to run a business as, the facts are that 97% who try MLM fail to make a penny profit because of the oversimplified hype and overpriced products as well as this myth that all they have to do is sign up xyz and all of them will do likewise, only when does this ever happen in the real world?

Also how does selling someone else's products exclusively have any relationship to it being a business that is owned by anyone except the MLM company, making them your employer.  They usually don't want you to run any other business except work for them.

A business should be selling your own products to people who actually want to buy them and not pestering your friends, family, and everybody and his dog to join your down line and expecting those that join under you to make you rich.  Meanwhile they are also waiting for their turn which never comes except for those at the very top of the pyramid who joined right at the start and make money out of everyone who joined later hoping for a dream that soon became a nightmare.

Sorry, I dislike the lies of MLM and wish people to know the reality of what they are getting themselves into, although as you say 10% of those who joined at the start do become millionaires by exploiting all those who joined later. I don't make my money exploiting anyone, that's why I will never do MLM or join anyones down line.  See my blog titled "Don't believe your sponsor" for more information of what I think of MLM.

Good luck to all who do become successful with it, I prefer to sell quality products that actually benefit and transform people's lives and feel good about what I do.  Too many people dreams are shattered by MLM and then they give up and stay working 60 hours a week for pennies instead.

 

Steve.

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